iShares Russell Top 200 Value ETF (NYSEARCA:IWX) Reaches New 12-Month High – Still a Buy?

iShares Russell Top 200 Value ETF (NYSEARCA:IWX)’s stock price hit a new 52-week high on Thursday . The company traded as high as $99.77 and last traded at $99.70, with a volume of 46603 shares traded. The stock had previously closed at $98.63.

iShares Russell Top 200 Value ETF Stock Up 1.8%

The stock has a market cap of $3.41 billion, a P/E ratio of 19.39 and a beta of 0.77. The business’s 50-day simple moving average is $95.42 and its two-hundred day simple moving average is $93.27.

Hedge Funds Weigh In On iShares Russell Top 200 Value ETF

A number of large investors have recently made changes to their positions in the stock. Centerpoint Advisory Group boosted its holdings in shares of iShares Russell Top 200 Value ETF by 13.3% in the first quarter. Centerpoint Advisory Group now owns 18,731 shares of the company’s stock worth $1,736,000 after acquiring an additional 2,198 shares during the period. FLP Wealth Management LLC boosted its holdings in shares of iShares Russell Top 200 Value ETF by 10.4% in the first quarter. FLP Wealth Management LLC now owns 11,771 shares of the company’s stock worth $1,091,000 after acquiring an additional 1,106 shares during the period. Baer Investment Advisory LLC bought a new position in shares of iShares Russell Top 200 Value ETF in the first quarter worth $759,000. Private Advisor Group LLC boosted its holdings in shares of iShares Russell Top 200 Value ETF by 451.0% in the first quarter. Private Advisor Group LLC now owns 182,516 shares of the company’s stock worth $16,914,000 after acquiring an additional 149,393 shares during the period. Finally, Sound Income Strategies LLC boosted its holdings in shares of iShares Russell Top 200 Value ETF by 12.2% in the first quarter. Sound Income Strategies LLC now owns 1,130 shares of the company’s stock worth $105,000 after acquiring an additional 123 shares during the period.

iShares Russell Top 200 Value ETF Company Profile

iShares Russell Top 200 Value ETF(the Fund), formerly iShares Russell Top 200 Value Index Fund, seeks investment results that correspond generally to the price and yield performance of the Russell Top 200 Value Index (the Value Index). The Value Index is a style factor weighted index that measures the performance of the largest-capitalization value sector of the United States equity market. The Value Index is a subset of the Russell Top 200 Index and measures the performance of equity securities of Russell Top 200 Index issuers with relatively lower price-to-book ratios and lower forecasted growth.